Advisory: Monthly Economic Indicators report for March 2019
Source: The Treasury
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The Monthly Economic Indicators report for March 2019 is now available on the Treasury website.
Key points:
Real (production) GDP rose 0.6% in the December 2018 quarter, with annual average growth easing to 2.8%
Annual current account deficit widened to 3.7% of GDP, while net liability position widened to 57% of GDP
Annual PLT migration is now increasing, according to revised data
Global weakness at the end of 2018 has continued in 2019 and central banks have placed prospective rate hikes on hold
This month’s special topic reports on the results of recent Treasury visits to firms.
ENDS